VEIL : PRIVACY AT ITS BEST? | Bitcointalksearch.org

Eadefemi

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Quote from: OrangeSeller on May 03, 2019, 12:35:20 AM

Quote from: Tccrypto on April 29, 2019, 05:59:10 AM

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability

I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.

Just wait till bounty hunters fload this topic. You will see more of it advertised here pretty soon. It's become like the topic of most bitcoin related forums now.. Lol..

mdzahed134

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Quote from: cryptowolfsu on May 04, 2019, 06:59:05 PM

Veil is a high potential project, one of the best privacy coins. It is still under the radar.
It`s market cap is low ( only 15 million tokens ) and there is room for price increase.

15 million VEIL is total supply but still circulating supply only 12 million. And i think this project have no ICO so that price is really good at the moment. Yes, this platform working with privacy coin and another thing is POW & POS is important here. But many privacy coin based project already exist in the market.

ife2020

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So many privacy at its best platform
But are they really secured ?

Having a good value and good volume on coinmarketcap is not a prerequisite for a good project
What does veil offer that has not been existent ?

Perhaps I find that on their website

Adriano2010

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I think is good to have more privacy coin and who want will use one or more coins, and if people invest on it can bring the price to go up and also maybe some will want just to cashout to get a profit.

Christinebeauty

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Quote from: Natalim on May 03, 2019, 03:26:54 AM

Quote from: krisnajsadrak on May 03, 2019, 12:41:22 AM

Quote from: OrangeSeller on May 03, 2019, 12:35:20 AM

Quote from: Tccrypto on April 29, 2019, 05:59:10 AM

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability

I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.

if i'm not wrong veil is a privacy coins
here the announcements thread from veil https://bitcointalksearch.org/topic/ann-pow-pos-veil-privacy-without-compromise-5065331
coinmarketcap link with all the market to trade this coin
https://coinmarketcap.com/currencies/veil/#markets

It's good that it's already listed in different exchanges, but the volume needs to grow for investors notice this project.
They are running a bounty currently to spread awareness but if it will be listed in Binance, I think it will grow more.
It's a new project in the the market, but the timing is good because market is recovering now.

Of course one of the ways to increase their trading volume is to increase awareness of their project and increase their community size and that is why there are doing this bounty program. Personally I believe this project is going to be one of the best privacy coins in the crypto space.

leea-1334

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Quote from: tsaroz on May 04, 2019, 11:20:23 PM

I see them no any different from most of the coin. Yeah they may be using something to make the transaction untraceable, but there are many other ways to achieve that and most of the crypto users doesn't require to make their transaction untraceable. The genre of privacy coins are nearly saturated and it's not worth to convert in and out of a currency for normal uses.

Me too. I like the concept of privacy but let us be honest,,, people already use Monero when they want to cover up their private details. And for Bitcoin, people now also have other options to cover their tracks and protect their privacy. For everything else, even with the best tech and highest degree of untraceability,,, can you even find merchants to spend your coins? If you cannot use your coins, what is the point of the tech?

Galantin

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Yes, that is right. Nay, my view of the project is enormous potential. And do not forget that the developers are not standing still. I think this project deserves your attention.

hongus

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There are many cool technologies. In principle, it is able to replace all the anonymous cryptocurrencies. The project is not bad at all.

Natalim

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Quote from: Pffrt on May 05, 2019, 03:05:57 AM

Quote from: sukey2008 on May 04, 2019, 07:32:20 AM

Been listed on large exchange doesn't mean they are useful, or have future.
There are so many coins or tokens that are removed again from the exchange.
I do wish veil project could be successful but I hope the dev team keep on working on this project and the community stays growing up. Grin

Exactly, we have seen BSV to be listed on alnost all of the good exchange but later exchange decided to delist it because of the shady activity from Roger. A good coin will have its corner for sure without being listed on top exchanges.

Your coin to get listed in big exchange, gives you better opportunity to grow because big investors trust big exchange.
Based on what is stated above, even if you are in a small exchange but you make shady things, you'll probably loss investors or supporters.
It's only a first step to get listed in big exchange, then you develop the project and find ways to stay.
With good liquidity, you will likely see your coin grow over time.

Pffrt

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Quote from: sukey2008 on May 04, 2019, 07:32:20 AM

Been listed on large exchange doesn't mean they are useful, or have future.
There are so many coins or tokens that are removed again from the exchange.
I do wish veil project could be successful but I hope the dev team keep on working on this project and the community stays growing up. Grin

Exactly, we have seen BSV to be listed on alnost all of the good exchange but later exchange decided to delist it because of the shady activity from Roger. A good coin will have its corner for sure without being listed on top exchanges.

tsaroz

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Quote from: krisnajsadrak on May 03, 2019, 12:41:22 AM

Quote from: OrangeSeller on May 03, 2019, 12:35:20 AM

Quote from: Tccrypto on April 29, 2019, 05:59:10 AM

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability

I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.

if i'm not wrong veil is a privacy coins
here the announcements thread from veil https://bitcointalksearch.org/topic/ann-pow-pos-veil-privacy-without-compromise-5065331
coinmarketcap link with all the market to trade this coin
https://coinmarketcap.com/currencies/veil/#markets

I see them no any different from most of the coin. Yeah they may be using something to make the transaction untraceable, but there are many other ways to achieve that and most of the crypto users doesn't require to make their transaction untraceable. The genre of privacy coins are nearly saturated and it's not worth to convert in and out of a currency for normal uses.

malcovi2

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Activity: 1103

Merit: 76

I really think being anonymous coin has more disadvantages than advantages because most companies wont accept it as a payment medium due to legal issues if some problem arises from the transfers or where the money comes from.

cryptowolfsu

member

Activity: 476

Merit: 10

Veil is a high potential project, one of the best privacy coins. It is still under the radar.
It`s market cap is low ( only 15 million tokens ) and there is room for price increase.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Veil is the latest addition to the long list of coins that claim to be 100% anonymous. But the question is what makes Veil superior to already established coins such as Monero and Zcash. We already have several such projects which seems to be dormant (like Deep Onion). Why do you think that Veil will not end up like those projects?

pushups44

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Activity: 854

Merit: 281

There's already plenty of competition in the privacy cryptocurrency niche, so Veil will have to really prove itself to stand out. There is Monero, DASH, Zcash, and even Litecoin will be introducing private transactions. So unless Veil has something new to offer, it likely won't gain much market share in an already saturated field.

profitgenerator212

sr. member

Activity: 714

Merit: 251

Veil does have potentials and coming from a team that has robust knowledge in cryptocurrency and privacy coin (CEO is a team member of PIVX), Veil will certainly do well. The project was self funded and you can only buy, stake or mine to earn the coin. It currently trade above $0.30 but will the few supply (15m), It will soon be a highly coveted coin

smyslov

sr. member

Activity: 2030

Merit: 269

They are doing a continuous campaign for awareness, and the supply is only 15 million only, this has got to be the next big thing in the cryptocurrency privacy this year and onwards, only 3 million to mine, they will have a huge demand in the future and this is guaranteed.

Awesomus Maximus

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Activity: 392

Merit: 66

IMO, Veil is one of the most promising crypto-projects currently. The reason I say that is mainly based on vetting the developers team. Some of the main developers are already well versed in how privacy coins function, having worked with Pivx and similar coins in the past. They are in a good position to improve on the current ones. Monero is currently a leading privacy coin, but the big disadvantage of Monero is the bloated blockchain and the large size of each transaction. There is room to improve the privacy features as well, and hopefully Veil could do a good job in this area. Some possibly downsides to Veil are for example, the coin distribution rate, which is too fast for my taste (something like 50 million coins will be issued during the first year only). But that is my personal objection.

sukey2008

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Activity: 252

Merit: 10

Been listed on large exchange doesn't mean they are useful, or have future.
There are so many coins or tokens that are removed again from the exchange.
I do wish veil project could be successful but I hope the dev team keep on working on this project and the community stays growing up. Grin

Pffrt

sr. member

Activity: 1372

Merit: 322

Quote from: Natalim on May 03, 2019, 03:26:54 AM

They are running a bounty currently to spread awareness but if it will be listed in Binance, I think it will grow more.

Did bitcoin have been this popular because of being listed in a great exchange? Not, of course.
The main fact is utility and the benefits/advantages Veil offering. If it solves the problem which other privacy coin can't, I guess it will grow faster, otherwise, no big exchange can do anything other than a short duration bump.

Topic: VEIL : PRIVACY AT ITS BEST? (Read 279 times)